{"id":28465,"date":"2024-12-13T10:57:11","date_gmt":"2024-12-13T18:57:11","guid":{"rendered":"https:\/\/essential.construction\/news\/construction-more-thoughts-dec24-construction-analytics\/"},"modified":"2024-12-13T10:57:12","modified_gmt":"2024-12-13T18:57:12","slug":"construction-more-thoughts-dec24-construction-analytics","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/construction-more-thoughts-dec24-construction-analytics\/","title":{"rendered":"Construction \u2013 More Thoughts Dec\u201924 \u00ab Construction Analytics"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div id=\"post-19469\">\n<div class=\"entry-content clearfix\">\n<p>The PPI data for November released 12-12. Nov PPI for Construction Materials shows very little change from Oct.  Inputs YTD to Nonres are +0.6%, to Rsdn +1.7%, to Hiway +0.6%. Concrete products +6%, Steel products -7% to -8%, Lumber\/Plywood -2%, Copper +6%, Diesel -14%. Inputs will add less than 1% to 2024 Inflation as shown in th Final Demand prices. Final Demand YTD (all in cost) to Nonres Bldgs shows all building types up +0.5% or less. Warehouses, and Industrial Bldgs show -0.1% to -0.25%. Concrete, Roofing and HVAC\/Plumbing Trades are up +1% to +2%. Electrical trades are down slightly.<\/p>\n<p>The economists watching residential permits and starts number of units are indicating current poor performance and are predicting a gloomy outlook for 2025.  So far the Dodge Construction Network, which tracks dollars starts, has residential starts up 7% year-to-date 2024, when compared to same 10 months 2023. Dodge is forecasting starts up next year.<\/p>\n<p>I\u2019ve been wondering, Should the duct tape be given as much value as the banana? Without the duct tape this whole banana art thing just doesn\u2019t hold up.<\/p>\n<\/p><\/div>\n<p><!-- end .entry-content --><\/p>\n<p>\t<!-- end .entry-meta --><\/p>\n<\/div>\n<p><script>(function(d, s, id) { var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) return; js = d.createElement(s); js.id = id; js.src=\"https:\/\/connect.facebook.net\/en_US\/sdk.js#xfbml=1&amp;appId=249643311490&version=v2.3\"; fjs.parentNode.insertBefore(js, fjs); }(document, 'script', 'facebook-jssdk'));<\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/edzarenski.com\/2024\/12\/13\/construction-more-thoughts-dec24\/\" rel=\"nofollow noopener\" target=\"_blank\">This article was originally posted at Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] The PPI data for November released 12-12. Nov PPI for Construction Materials shows very little change from Oct. Inputs &#8230; <a title=\"Construction \u2013 More Thoughts Dec\u201924 \u00ab Construction Analytics\" class=\"read-more\" href=\"https:\/\/essential.construction\/news\/construction-more-thoughts-dec24-construction-analytics\/\" aria-label=\"Read more about Construction \u2013 More Thoughts Dec\u201924 \u00ab Construction Analytics\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":28466,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1008],"tags":[1125,345,1126],"class_list":["post-28465","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-construction-analytics","tag-analytics","tag-business","tag-industry-news","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/28465","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/comments?post=28465"}],"version-history":[{"count":0,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/28465\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media\/28466"}],"wp:attachment":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media?parent=28465"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/categories?post=28465"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/tags?post=28465"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}